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Unformatted text preview: company attracting capital, providing employment, and benefits to the community. One would say this is being socially and ethically responsible, but being socially and ethically responsible may seem that one is not being consistent with the goal of achieving the highest possible profit or maximizing the value of the company. But not raising the stock prices immediately or in the short-term does not mean the company will continue to realize those kinds of gains or losses. A company can have a loss in the short-term and then gain tremendously in the long-term, which would be in reaching for that primary goal of maximizing the wealth of the shareholders through achieving the highest possible value for the company. Week One Checkpoint Financial Management Goals 3 References Block Hirt Danielsen. (2009). Foundations of Financial Management (13th ed.). The McGraw Hill Companies....
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This note was uploaded on 11/09/2010 for the course FIN 200 FIN 200 taught by Professor Smith during the Spring '10 term at University of Phoenix.
- Spring '10